My son is 26 months old, my daughter is 10 months. No imminent home buying for us.
this past weekend we began potty training with our son. I learned a new principle for home buying.
Before then, rent.
My son is 26 months old, my daughter is 10 months. No imminent home buying for us.
non-linear effects and negative convexity can be described and explained using different methods. Depending on the method used, a different level of understanding is attained.
In the financial markets, the definition of volatility is assumed to be standard deviation. However, in practice, people seem to either forget the definition or completely substitute it with the mean absolute deviation. For example...
life in Mediocristan is quite enjoyable. It reminds me of Lawrence Durrell's Alexandria. The ocean is nearby, and the climate is pleasant. Never too cold, never too hot.
On principle, therefore, a small short position is in order. Small because we cannot time markets, and small because it's an expression of a philosophical view, not an attempt to make fuck you money with one trade.
